SYM FINANCIAL Corp Makes New Investment in SAP SE (NYSE:SAP)

SYM FINANCIAL Corp acquired a new stake in SAP SE (NYSE:SAP) in the 4th quarter, HoldingsChannel reports. The fund acquired 1,290 shares of the software maker’s stock, valued at approximately $318,000.

Other hedge funds have also recently modified their holdings of the company. Godsey & Gibb Inc. acquired a new position in SAP in the third quarter valued at approximately $25,000. Union Bancaire Privee UBP SA acquired a new position in shares of SAP in the 4th quarter valued at $27,000. Albion Financial Group UT boosted its holdings in SAP by 122.4% during the fourth quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock worth $32,000 after buying an additional 71 shares in the last quarter. Brooklyn Investment Group acquired a new stake in SAP during the third quarter valued at $42,000. Finally, Prospera Private Wealth LLC purchased a new position in SAP in the third quarter valued at $47,000.

Analyst Upgrades and Downgrades

SAP has been the topic of a number of recent analyst reports. JMP Securities increased their price target on SAP from $300.00 to $330.00 and gave the stock a “market outperform” rating in a research report on Wednesday, January 29th. BMO Capital Markets lifted their price target on shares of SAP from $265.00 to $307.00 and gave the company an “outperform” rating in a research note on Wednesday, January 29th. Royal Bank of Canada restated an “outperform” rating and set a $38.00 price objective on shares of SAP in a research report on Thursday. Barclays boosted their target price on shares of SAP from $283.00 to $286.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, Kepler Capital Markets raised shares of SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. Ten investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $248.83.

SAP Price Performance

Shares of SAP stock opened at $276.42 on Monday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.10 and a quick ratio of 1.10. The company has a market capitalization of $339.58 billion, a PE ratio of 96.31, a price-to-earnings-growth ratio of 3.93 and a beta of 1.22. The firm’s 50-day moving average is $253.80 and its two-hundred day moving average is $233.05. SAP SE has a 12 month low of $173.05 and a 12 month high of $280.53.

SAP (NYSE:SAP) last posted its earnings results on Tuesday, January 28th. The software maker reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.51 by ($0.02). SAP had a return on equity of 12.42% and a net margin of 9.17%. Analysts predict that SAP SE will post 6.35 earnings per share for the current year.

SAP Profile

SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.